WisdomTree: Active Management in Small-Cap Equities — No Proof of Outperformance?
March 11, 2014 at 11:03 AM EDT
I recently had a conversation with Craig Lazzara, Head of Index Investment Strategy at S&P Dow Jones Indices, about his research on dispersion—a factor he believes is very important in explaining the opportunities for active managers. According to Craig, current dispersion readings are quite...